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-span.org. >> earlier today, president obama awarded a medal of honor to former army staff sergeant clamps -- clinton romesha. he was awarded for defending and afghanistan outpost in 2009, a battle that took the lives of eight american soldiers and wounded two dozen more. from the white house, this is 25 minutes. ♪ ♪ >> ladies and gentlemen, the president of the united states and mrs. michelle obama, accompanied by medal of honor recipients staff sgt clinton romesha. ["hail to the chief"] ♪ >> let's pray. eternal god, from whom we come to whom we belong, and in whose service we find peace, such as written to be found in the spirit of truth and justice. on yourselves. the you men of valor -- of valor. be ready for the conflict. today, lord, we recognize men of valor, who in readiness for the conflict, the battle came upon them. their sacred story is one of life and death, suffering of servants faithfully rendered at the moment of truth. they belong to that small band of black knights. and a nation grateful for the men who follow and the men who lead. we offer our gratitude for the actions of tho
by thanking the clinton foundation and the help matters initiative team for including mental health in this year's discussion. that is critical. i know that president clinton thinks so. i want to take a few minutes to try to frame that issue in the context of our overall discussion. as surgeon general, in 1999, i have the opportunity to release the first ever surgeon general's report on mental health. and then i was asked by the director general of the who if i would come to geneva and present the report before that body in may 2000. so it has not been that long since we really started to discuss mental health at this level. i have to say, our major recommendation in our reports was for parity of access to mental health services. that was 1999. it was not until 2008 that legislation was passed, signed by president bush in october 2008, for parity of access and mental health services. president obama issued an executive order that resulted in the affordable care act, among other things. let me begin by defining mental health. i want to do that because we've almost immediately get to
security at our embassies, consulates and other diplomatic facilities. based on secretary clinton's recent testimony before congress, it is clear that the state department and the department of defense are already consulting on this review, high-threat posts as well as posts where the host nation, despite having the will to protect diplomatic facilities does not have the capacity to protect them. in some cases, these posts are located in countries where the department of defense and the state department have assistance programs with similar objectives. these are perhaps areas where the two departments can explore whether additional collaboration is appropriate. during secretary clinton's testimony before congress, she talked about the importance of properly resourcing africa command. they reached full operational capability less than five years ago and has been an -- what's called an economy of force effort to date. the events of last september raised questions about the adequacy of the department of defense's resourcing with respect to africom in terms of funding, assigned personnel, inte
with the consequences -- consequences of those decisions. the global jihadist threat that secretary clinton pointed out does not have the belief that a democracy is a good idea. that a people electing representatives in a republican form of government is a good idea. they believed that we need some religious leader like the ayatollah khomeini or now in iran. they need a religious leader like that that tells us what we can do, that makes all his decisions under shari'a law. . all of those who met during the revolution, they believed in the power of prayer to god, and that's why they prayed during that time, but they wanted much to have the chance to worship as they chose. be they muslim, hindu. but especially judeo-christian beliefs where jews and christians had traditionally suffered so much persecution. they wanted the chance for people to worship as they please or not worship, but they knew to make that possible had he had to -- they had to pray to god. that's why we are observing once again tomorrow the national prayer breakfast where our president will speak, where we will have a fantastic testimon
of state hillary clinton recently issued a stern warning in her testimony before the house and senate committees responsible for oversight of u.s. foreign policy. she referred repeatedly to the need for our country to recognize and respond to what she called a, quote, global jihadist threat. mr. speaker, rarely have i agreed more with secretary clinton. yet mrs. clinton has been worried about this threat before now. she has done an impressive job of concealing it. the same is true of the obama stad ad administration more generally -- obama administration more generally. for the past four years the executive branch has gone to extraordinary lengths to obscure the danger posed by those who practice holy war or jihad against our country. the administration has also sought to silence and in some cases punish those who have spoken the trute about this menace. -- the truth about this menace. mr. speaker, i welcome the secretary's warning, belater though it may be. however, it would have served this country and the cause of freedom far more if she would have so openly and to have led encount
hillary clinton that said it was unfit for her to the commander in chief. it was only banning a movie that would be available on pay- per-view cable. an adult cannot watch something in the privacy of their own home on pay-per-view because mccain- feingold banned it. do you really want to ban movies? the answer is perhaps yes, which is why i did not want to reverse citizens united. the second issue that came out of the decision is that all new avenues of disclosure -- i am not sure where this comes from, the reality is the court has upheld some disclosure, has struck other disclosure. the kaine- -- mccain-feingold were upheld in the mcconnell case, and what they out was a one-page disclosure regime for television and radio ads and movies that air on television, run within a well-defined parks ability to federal election that referenced a candidate. this does not give license to all sorts of other expensive disclosure machines or call from barclay, which limited the reach of disclosure. scored struck disclosure in the davis case in which most had written off on a millionaires' kids, but
that for the republican primaries, like santorum, he was much more in sync with that than senator clinton was. obviously senator santorum did not have the formidable apparatus that hillary clinton had. >> do you think that it had -- >> what do we know about the republican party? what do we know about mitt romney? [laughter] >> i think that is a testament. he did not begin this with a national or geographical or ideological base. in those debates, through skill, he took positions that people disagreed with like healthcare, but he given is the republican party that he had the qualities that he wanted to be the nominee. >> every week it was the new whack a mole. we went from perry to gingrich. >> herman cain was next. >> and then he blew up at the bloomberg debates. who were these? who were they? it seems like it was the same percentage of the electorate. >> governor perry was formidable. senator santorum -- anyone who underestimates him -- so much of running for president, the guys and gals who work the hardest -- senator santorum has the work ethic. >> the minute you say that, oh, that is right. [laught
institute, were not capable of doing that. that's a historic reality. in the 1990s when bill clinton said there's an election based on that, it was the house and senate that legislative sanctions on iran, the push for, like it or not, freedom for the iraqi people to push for sanctions on cuba, to push her more engagement and exactly which are talking about, that really pushed for in a relationship with india. i could go on and on. nato expansion. all the things taken for granted but not in initiative. they're members of congress on capitol hill who change the world in a very meaningful way and that's still an opportunity if we recognize we need to care about. sorry for that little speech. >> how do we know kind of the counterterrorism, is very much her? [inaudible] >> the question is how do we know when we've won? >> were in no danger of women anytime soon. this has become a sugarless because it's a fair question obviously. what you measure for success and how do we know when we stopped, and that we are so far away from that now a more further away than when this president took office in
is now a professor at the harvard business school, former fha director in the clinton years, was certainly one of the most voluble players in the commission. i also want to point out senator alfonzo jackson. please stand and be recognized. [applause] i want to turn the podium back over to senator george mitchell. >> years ago, when bob dole, howard baker, tom daschle, and i gathered to establish the bipartisan by -- bipartisan policy center, we were dismayed to the extent to which our political process appeared to be in gridlock as a consequence of excessive partisanship and ideological posturing. that concern is heightened today. i frequently cite the example of the presidential campaign of 1800 when jefferson supporters called president adams a hermaphrodite, lacking, they said, the strength of a man or the gentleness of a woman. supporters said that its jefferson were elected, robbery, rape, and murder would be openly taught and practiced in our country. it was rough and tough when we were there, but it has gotten proper and tupper today. we at the bipartisan policy cente
santorum was much more in sync with the base then senator clinton was with the democratic party base. she was a pro-work candidate in an inside or party -- a pro-war candidate in an anti-war party. >> what you think it santorum had had perry's early money? >> what we know about the republican party? what we know about mitt romney? >> moderate mormon from massachusetts, right? >> i think it is a testament to his political skills that he did not begin with a natural geographical or ideological base. but he was able to shift political skill to taking positions that in many cases people disagree with. like health care. but to convince the republican party he had the qualities that they wanted to be his nominee. >> it is pretty dicey where every week there was a new w hack-a-mole conservative challenger. we went from rick perry to herman cain, and then there was that moment where he blew up at the bloomberg debate. who were these voters? not who were they -- but it started with trump and michele bachmann. it seemed like it was the same 20% of the electorate. >> i just want to add, you know, go
at the end of clinton to where we are today? >> yes, senator. >> in terms of unemployment, the number, roughly 78.8%, but would you agree if you looked at real unemployment, people who are working part-time when they want to work full-time, they are looking at maybe 14%, is that a full statement? >> yes. >> we are in the midst of a major recession. the debate that is taking place, as many of my republican friends believe that the answer to the deficit problem, which all of us agree is a serious problem is to cut social security, cut medicare, cut medicaid and cut programs for children, that is true, one way to go forward. some of us believe that we have got to take a look at revenue and the fact that at 15.8% of g.d.p., revenue today is the lowest point it has been in almost 60 years. some of us believe we have to take a hard look at huge corporate loopholes that before you cut a woman in vermont who's living on $15,000 a year social security, you may want to end some of the loopholes that enable the bank of america to stash their money in the cayman islands. that's what the debate is
in the east room of the white house. each of us on either side of president clinton as he announced the once unthinkable normalization of our relations with vietnam, and efforts that john mccain and i worked on for about 10 years. to try to. in the last decade, thanks in large part to the work of usaid, our exports to vietnam increased by more than 700%. every one of those percentage points our jobs here in america. in the last two decades, 1000 vietnamese students and scholars have studied spanish and taught in america through the fulbright program, including the foreign minister of,who i just talked to the other day and who has feelings about america because of that engagement. the list goes on. as the emerging middle class in india, the world's largest democracy, buys our products, that means jobs and incomes for our own middle-class. as our traditional assistance to brazil and decreases, trade there is increasing. brazil is one of the new tigris moment at a double-digit pace. it supports additional jobs here at home, many in the u.s. travel and tourism industry. when jefferson expanded o
following today's session in the house at 11:00 a.m. eastern this morning. secretary of state clinton officially steps down today. john kerry will be sworn in today. was confirmed by the senate and will be sworn in by justice sotomayor. live coverage starting at 2:30 eastern. remarks atclinton's an event yesterday at the council on foreign relations where she talked about the need for smart power diplomacy. afterwards she to questions about the future of the american political system. this is about an hour. >> please take your seats. good afternoon. on behalf of our members, i want to welcome to the council on foreign relations. i'm president of the cfr. we're an independent membership organization, a think tank, and the publisher dedicated to the foreign policy choices facing this country. we are continuing secretary of state week at the council. we were fortunate to hear from george shultz on tuesday night who was secretary of state for some six and half years under ronald reagan. we're honored to host hilary rodham clinton during the last 24 hours as president obama's first secreta
of the family medical leave act signed into law in 1993 by president clinton. all these programs beginning at 8:00 eastern on the c-span networks. >> julia loved her time in the white house. she said in her memoirs, it was like a bright and beautiful dream. quite the most wonderful time of my life. so i think that gives you some idea of how much she enjoyed being first lady and how she felt her husband had finally achieved the recognition he deserved. >> historian eedth mayo on julia grant, who married her brother's west point roommate, ulysses s. grant. "first ladies: influence and image," their interests and influence on the president, produced with the white house historical association, it begins at february 18, 9:00 p.m. eastern and pacific on c-span, c-span radio and c-span.org. >> the single thing that coolidge did that we want to remember is when he left office the budget was lower than when he came in. that's the story for us now in a period where we're concerned. well, how did he do that? the economy grew a lot. maybe more than 3% sometimes. unemployment was below 5%. the budget was b
to now, mr. speaker, insert my -- that involve the former secretary of state, mrs. clinton, during a recent senate hearing. a senator who was examining secretary clinton suggested or implied that the administration may have misstated the nature of the benghazi attack which mrs. clinton responded, what difference at this point does it make? i submit, mr. speaker, that the survivors of the four americans who were murdered at that attack would welcome any information, any and all information surrounding that infamous invasion. the survivors are grieving, and any information that could illuminate in any way this tragic -- the tragedy that occurred in benghazi would welcome any and all information, it seems to me. yes, secretary clinton, at this pount it may well make a difference -- point it make well make a difference. i yield back, mr. speaker. the speaker pro tempore: the gentleman yields back the balance of his time. the chair recognizes the gentleman from massachusetts, mr. mcgovern, for five minutes. mr. mcgovern: i ask unanimous consent to address the house for five minutes and
on the history, but when i was offered this job i secretary clinton, the prior offense -- office had lost the confidence of key officials in the u.s. government. i thought it was a chance to start over, and i think that probably a lot of what we are doing was in the original conception. i am trying not to throw out the baby with the bathwater. nobody has said that since their grandmother died, right? i do not know why that phrase came up. my feeling is that i think the original intent was to be strategic and have a policy influence, and then when it went through its middle stages as a coordinator, it never gained traction in the state department. it then went into a supplier of people, which i thought was too limited. so, we have tried to recapture that we want to be part of the policy conversation. we have been very fortunate to have the dynamic support of secretary clinton for the first year of our existence. now, what we are finding is in the handful of meetings i have had with secretary kerry, is he has said give me ideas and we have to find a different way of doing some of these thin
plan. we learned in the 1990's when bill clinton was president that nothing shrieks of deficit faster than a growing economy that creates good, middle-class jobs. that should be the focus, they can america a magnet for good jobs and equipping our people with the skills required to fill those jobs and that their hard work leads to a decent living. those are the things we should push ourselves to think about every day. that is what the american people expect. that is what i will work on every single day to help deliver. i need everybody who is watching today to understand we have a few days. congress could do the right thing. we could avert just one more washington-manufactured problem that slows our recovery and that would do right by first responders, america's middle class, and what i will be working and fighting for over the next few weeks and years. thank you very much, everybody. thank you for your service. [applause] >> congress is out this week, but congressional leaders issued statements, including house speaker john boehner. he said this -- senate minority leader mitch mcconne
primary dollars. >> you guys had the luxury near primary were you had these clinton donors who have never given money. and suddenly they could max out to you for the first time. >> the biggest difference is they had someone who is not going to take further financing versus mccain who was a setback if you need the ability to write unlimited money. >> which are primary site -- there is nobody who had a fundraising list. is that fair to say, not? >> there were some. >> so our theories are in the spirit that i know these guys made the decision to spend money early. that's the power of the comments. so during the period where we face this challenge, we did a few things and so we used the money we are raising and big chunks and high bar indeed be independent expenditure, which that probably occurred to me that timetable up. the other thing going on were super pacs and at that moment would be a lot of super pac activity. but we needed the super pacs and also during the period, the governor signed off on a $20 million love that allowed us to use primary money to pay back the general money. and so
, in my opinion, in both 2000 and 2001 under bill clinton to give the palestinians a state of their own, 97% of the west bank, 3% of israel profits so they would have the same land and arafat was the palestinian leader at the time, turned it down. olmert, who was prime minister of israel in 2008, had secret discussions, offered an even more generous package. palestinian state, billions of dollars in aid, and the palestinians turned it down again. they keep turning down chances to have a state, and then they complain that they don't have a state. so you really have to wonder if after all these years why are they turning it town? is it they don't recognize that there ought to be jewish state of israel in the region? you really have to wonder. so people who say settlements are the obstacle to peace, i don't think so. i think settlements are one of the disagreements and the issue of settlements clearly has to be hammered out and negotiated along with everything else. but i think the bottom line is the arab states and the palestinians have got to come to grips that the jewish state of israel
to express our gratitude to outgoing secretary hillary rodham clinton -- [applause] for her tireless efforts to promote u.s. national interests overseas, to strengthen the department state, to promote and raise the profile of diplomacy and development as critical tools of our national statecraft. followe all together your leadership, we look forward to continuing this effort. thank you so much. [applause] >> it is my great honor and privilege to introduce someone who is -- who passionately cares about this institution, about the men and women who are geared not only because you are the son of a diplomat and not only because you have been the chairman of the foreign relations committee and not only because you have traveled the world on our behalf but because you care passionately about what we do and the vision in which we attempt to try to show the rest of the world. on behalf of the men and women, not only in this room but all over the world who are watching, only because you have traveled let me introduce to you the 68 secretary of state, john kerry. [applause] >> thank you very much. wow
, if the president had been willing to go back to bill clinton taxes on all. he was not. it is the height of hypocrisy to come in 30 days, actually in about one day, and begin talking about the next round of tax increases on a relatively limited group on our population, the 1% or 3%, and in fact start reducing their ability to have working capital for new oil exploration, for new natural gas exploration. the thing that the president just a few days ago standing in front of where you are today lauded as great, we are becoming oil self-sufficient, we are natural gas self-sufficient, we are able to move to cleaner fuels for our energy. but let's break something else down. my opponent, i keep saying opponent, he's my ranking member, but he is the loyal opposition here, he he talks about $100 billion. i think we need to break it down. that's $100 billion over 10 years. it's not even $10 billion in the first year. his $100 billion of sacrifice, many of those sacrifices won't even occur because people aren't going to necessarily be here for all 10 years, because next year or the year after this
bill clinton was president, nothing shrinks a comic faster -- nothing grows the economy faster. we should make america a magnet for good jobs, equipping our people with skills required to fill those jobs, making sure their hard work leads to a decent living. those are the things we should be pushing ourselves to think about and work on every single day. that is what the american people expect. that is what i will work on every single day to help deliver. i made everybody watching today to understand that we have a few days, congress can do the right thing, we can avert one more washington-manufactured problem that slows our recovery, and bring down our deficit and balanced and responsible way. that is my goal and that's what will do right by these first responders and what would do right by america's middle class. that is what i will be working on fighting for not just over the next few weeks but over the next few years. thanks very much, everybody. thank you guys for your service. [applause] [captioning performed by national captioning institute] [captions copyright national cable
remember, and one thing that stuck out to me about bill clinton was his willingness to compromise. i did not much like the guy, but he was a good compromise and. he knew -- compromiser. he knew how to reach across the aisle and the country benefited for it. now you have a guy that has no willingness to compromise. he is so far to the left and nobody will get past him. host: let's get a response from megan hughes. guest: kelly, your appreciation for what president clinton did, moving to the middle and brokering deals, it is certainly a valid point. in terms of whether or not president obama is a compromiser, one good group to ask would be some of the democrats because i think they would contend that when it comes to entitlement reforms and things he has put on the table that those would qualify as compromises, being open to potential means testing or peeling back medicare benefits for higher income earners. the idea of change to cpi, looking at that with social security reform -- there are definitely some things that have riled up fellow democrats. host: let's go back to the c- span bus a
to go. all of us remember the early 1990's. in the years before president clinton came to office, the time i made my first run for the u.s. senate, the u.s. government was taking in revenue equaling 17.5% of g.d.p. while spending 22.1% of g.d.p. that was the deficit of 4.7%. when he was sworn in, president clinton promised to tackle the deficit while continuing to invest in jobs and the middle class. i bought into that vision and i was proud to help make it a reality. when his bill passed the senate and house without a single republican vote, the top republican on the senate budget committee at the time said it would, "devastate the economy." others predicted calamity along similar lines. but as we all know now, it didn't work out that way. the unemployment rate went from 7.3% at the beginning of 1993 to 3.9% at the end of 2000. over the course of those eight years, 22 million jobs were created, and the economy grew at an average rate of 4%. and the deficit, well, revenue increased from 17.5% of g.d.p. to 20.6% and responsible spending cuts brought federal spending down from 22.1
. it makes all the difference in the world. we've been having celebrations because both president clinton signed the family medical leave act shortly after his inauguration, so did -- so too did president obama sign the lilly ledbetter legislation, right as the first bill that he sign, focus on families in the workplace and how they are affected. last week under the leadership of the national partnership, we had a tremendous george miller was the hero there because he had been a leader in passing. the babies were adorable as they are here today. and so i thank you, deborah, last night deborah and judy, judy, the national treasurer, and that was 20 years ago, imagine now her value. [laughter] hosted a celebration from the senate side and here we are now. they will go to the labor department for further acknowledgment of how important this is. and why do we make such a fuss? well, vivian and matari told us why. but i want to also acknowledge the mothers who are here. wendy and her son julian. [applause] there. vickie and her son jasper. there. hey, jasper. give a wave. give a wave, jasper.
-steagall and derivatives, bring it back to where it was in the clinton era because it seems to have worked for 70 years. secondly, on a micro basis would've restrictions such as what happens with morgan stanley where the treasurers get compensated in deferred compensation over five years, would that not create the disincentives for next year's bonus? -- to bet the house for next year's bonus? >> to keep it, i agree. the two major history -- regulatory things i am advocating for are the repeal of the two things that happened in the early 2000's that led to a lot of problems. derivatives being re-regulated. the cftc has been sitting on it for two and a half years and has not made a lot of progress. the second is the volcker rule, which in a sense is a little bit like many of the things glass- steagall stood for. there are certainly people who stand for the full repeal of glass-steagall. there are huge political fears about doing that, but i do think some form of breaking up extremely large banks and disallowing reckless trading activity is noteworthy. i do think the thing about compensation and deferring
to return the top marginal rate that it was under president clinton, 39.6. that produces now in the 10-year window a certain amount of revenue. that is positive. the fact is, the loopholes we have identified are similar to some of the ones that the speaker of the house have identified, as worthy of closing, not good for the our tax code, not good for our economic fairness. those are the ones we believe should be closed. additionally, in our proposal we put forward a provision that could cap deductions at 28% for millionaires and billionaires that would produce a certain amount of revenue. a combination would achieve the level necessary of revenue as part of an overall deficit reduction package that, includes savings from entitlements. it would complete the job in getting $4 trillion deficit reduction over 10 years. that proposal, as the president made speaker boehner, most people recognize as an effort by the president to compromise, make tough choices for democrats. it is still on the table. we hope that the speaker would consider taking up that proposal. it was yesterday or the day before
for the ratification of the treaty of the sea that is languishing. languishing despite the support of the bush, clinton and obama administrations and an unprecedented coalition of business, industry and educational leaders, the united states continues to be an outlier to the detriment of our defense and commercial interests. these are just a few of the areas that they concentrate on. but most important, they connect with what is happening at the local level with people who care about clean air, the beauty of the landscape and the treasures that enrich our souls as well as the things that protect the environment for future generations. i strongly urge my colleagues to find time to visit with the garden club representatives from their state, not just here in washington, d.c., this week, but reach out to them at home, hear what they have to say. there will be no more productive meeting you will have with the inspiration that will come from listening from clear-headed, clear-eyed wisdom and restraint. these meetings will stand out as an oasis in the war of words over our next round of manufactured crises.
's committee of advisors on science and technology during the bush and clinton administrations. both dr. vest and dr. jackson were also distinguished members of the panel that authored the original 2005 national academy study "rising above the gathering storm." this study recommended ways to keep america economically prosperous. before i recognize mr. templeton i just want to call attention to members on their desk, they should have an op ed from today's "politico" that were written by two of our witnesses today and which is well worth reading. it's called "a critical role in innovation" and by richard templeton and shirley anne jackson and mr. templeton, we'll begin with you. >> i want to thank chairman smith, ranking member johnson, and of course all the members of the committee for convening this hearing so early in the new congress, on such an important topic. i really am honored to be here today with dr. jackson and dr. vest, really well-known innovators and great keen insight into policy. over the last 50 years scientific and technologicalal innovation has been responsible for as much a
of the team. that process exists. what secretary clinton asked me to do soon after benghazi, was to collaborate to see if we could make improvements to that system. >> general, thanks for your service. and mr. secretary, it has been n honor to have you. >> mr. secretary and general, thank you for being here and i would like to associate myself with senator cruz's comments. i'm a first year senator and i'm in the process of hiring a legislative assistant for this committee and you go back to california and get nostalgic for this committee, let me know. >> been there, done there. >> the crete base, given that was pretty close in terms of transportation time, why was not an option to get people there faster? >> the bases that we have in southern europe, in the mediterranean area are generally speaking have aircraft. the first point i made is that it wasn't the right tool for the particular threat we faced. secondly, the aircraft we have in europe, certainly are there in support of nato and on a different alert posture that th faster? >> the bases that we have in southern europe
in this country. particularly the assault weapon. when president clinton came into power he by executive order expanded that importation ban to include high capacity magazines. george w. bush comes in as president and he lifts the ban on the importation of assault weapons. between 2009 and 2012, we have had 99 gun safety laws rolled back at the state level. that's what the n.r.a. is doing. i now yield to my colleague from rhode island for his comments. mr. cicilline: thank you. i thank the gentlelady from california for yielding and organizing this conversation about the dangers of gun violence and our responsibility to reduce guns violence in communities across this country. i want to also acknowledge the leadership of the gentlelady from new york, carolyn mccarthy, who long before i arrived here was an inspiration to me and so many others across the country who have been fighting for responsible gun safety legislation. just to give a context of the problem we are confronting, the united states gun murder rate is about 20 times the average of other developed nations. what that means is if som
the prognosis as well. >> if you pass the law, even the threat of passing the law even under the clinton administration, health care costs kind of leveled off. and again, we see it when the congress acts that we that we see the flattening of costs. you can't directly tie it. but you know the whole united states is watching what the congress is doing and when we don't pay our debts, they stop hiring, that's clear. you could look right at the graph and trace it down to the time when it happened and can see how it happened. the thing that's most amazing about this is, the medical industrial complex is actually responding because they know it's not sustainable. and my question to you is, the effect of throwing people off of medicare or raising -- let's raise the age to 67 or 70, before you can get on, what would that effect -- how would that affect the economy? do you have an idea? >> depends a lot on what else is going on and exactly how that provision would be structured. we wrote a report early last year about the effects of raising the eligibility age for social security and medicare and
clinton and future president barack obama. i had the privilege of speaking at her funeral too. but what can you say in the company of that greatness? well, what i said was that legislation had been introduced by jesse jackson jr. and senator john kerry to place a statue of rosa parks in the capitol of the united states. [applause] i got an uproarious reaction to it. what can you say to presidents, past and future, preachers from all over the country, a statue. i promised them that the legislation would pass and quickly. now, that funeral was november 2, and on december 1, president george w. bush signed it into law. 50 years to the day that rosa parks sat down on the bus in month combomry, alabama, 50 years to the day. so rosa parks can feel right at home in the capitol joining sojourner truth, dr. martin luther king and other american heroes. she inspires all who walk the halls with her quiet strength, her pride, her dignity, her courage. i told you how rosa parks is recognized by congress and friends of congress. now i'd like to share with you comments from one of my invited guests. t
my work life and the clinton era taxes and everything -- i'm not blaming him, i thought he was a good president even though i am a republican, i just want someone's opinion on people my age and why we have so little put away. we are the generation of all the crises and the tail end of that . host: before we get a response from paul taylor, are you still with us? caller: >> i am. host: what has your savings patterns been over the last couple years? caller: i had to quit contributing to my 401k's just to get by with the rising cost of living from 2006 to present i went four years without a pay increase from my employers because they were in a financial struggle as well with the economic hit in 2007 and slow growth to 2009. we finally got a pay increase last year because of somewhat of a comeback in our industry. host: thank you. that age group is critical when it comes to your 401k plan. guest: those are the folks most worried about. -- about their retirement. we did a poll. there's been an increase in the people who are not confident. 4 in 110 say i am not at all confident that i will
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